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Australian (ASX) Professional Services Industry Analysis

UpdatedDec 09, 2024
DataAggregated Company Financials
Companies23
  • 7D2.5%
  • 3M10.0%
  • 1Y24.0%
  • YTD21.0%

Over the last 7 days, the Professional Services industry has risen 2.5%, driven by gains from Computershare of 4.3%. This means that the industry has gained 24% over the past year. Earnings are forecast to grow by 15% annually.

Industry Valuation and Performance

Has the Australian Professional Services Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 10 Dec 2024AU$32.0bAU$11.2bAU$986.5m21.3x32.5x2.9x
Thu, 07 Nov 2024AU$28.4bAU$10.9bAU$973.7m21.5x29.2x2.6x
Sat, 05 Oct 2024AU$27.3bAU$10.7bAU$942.3m20.7x29x2.6x
Mon, 02 Sep 2024AU$31.1bAU$13.0bAU$729.8m21.1x42.6x2.4x
Wed, 31 Jul 2024AU$30.7bAU$13.5bAU$1.0b19.8x30.4x2.3x
Fri, 28 Jun 2024AU$28.8bAU$13.4bAU$1.0b19.8x28.8x2.2x
Sun, 26 May 2024AU$28.6bAU$13.4bAU$1.0b19.5x28.5x2.1x
Tue, 23 Apr 2024AU$30.4bAU$14.5bAU$1.5b20.4x21x2.1x
Thu, 21 Mar 2024AU$29.2bAU$14.4bAU$1.4b19.3x20.3x2x
Sat, 17 Feb 2024AU$28.5bAU$14.0bAU$1.3b20.4x22.6x2x
Mon, 15 Jan 2024AU$28.2bAU$13.7bAU$1.2b19.5x23.5x2.1x
Wed, 13 Dec 2023AU$27.2bAU$13.8bAU$1.2b19.1x22.4x2x
Fri, 10 Nov 2023AU$28.0bAU$13.8bAU$1.2b19.1x22.5x2x
Sun, 08 Oct 2023AU$28.3bAU$13.8bAU$1.2b17.8x22.8x2x
Tue, 05 Sep 2023AU$28.6bAU$13.3bAU$1.0b19.6x27.9x2.1x
Thu, 03 Aug 2023AU$29.0bAU$12.9bAU$673.2m19.3x43.1x2.3x
Sat, 01 Jul 2023AU$27.6bAU$12.9bAU$667.9m17x41.3x2.1x
Mon, 29 May 2023AU$27.4bAU$12.9bAU$664.0m16.4x41.3x2.1x
Wed, 26 Apr 2023AU$28.2bAU$12.9bAU$656.2m16.2x43x2.2x
Fri, 24 Mar 2023AU$25.6bAU$12.8bAU$649.8m16.9x39.3x2x
Sun, 19 Feb 2023AU$13.2bAU$7.0bAU$502.5m18.3x26.4x1.9x
Tue, 17 Jan 2023AU$13.4bAU$6.7bAU$489.9m19.6x27.3x2x
Thu, 15 Dec 2022AU$13.3bAU$6.7bAU$489.9m19.6x27.2x2x
Sat, 12 Nov 2022AU$13.9bAU$6.5bAU$416.6m19.1x33.3x2.1x
Mon, 10 Oct 2022AU$13.7bAU$6.5bAU$416.7m19.2x32.8x2.1x
Wed, 07 Sep 2022AU$13.8bAU$6.5bAU$417.5m20.5x33x2.1x
Fri, 05 Aug 2022AU$14.2bAU$5.9bAU$317.5m29.9x44.6x2.4x
Sun, 03 Jul 2022AU$12.5bAU$5.9bAU$317.8m27.6x39.5x2.1x
Tue, 31 May 2022AU$14.1bAU$5.9bAU$318.0m30.4x44.3x2.4x
Thu, 28 Apr 2022AU$14.4bAU$5.8bAU$306.1m31.2x47x2.5x
Sat, 26 Mar 2022AU$14.4bAU$5.8bAU$307.4m34.5x46.8x2.5x
Mon, 21 Feb 2022AU$11.5bAU$4.7bAU$345.2m21.3x33.2x2.4x
Wed, 19 Jan 2022AU$12.6bAU$4.6bAU$325.3m21.8x38.8x2.7x
Fri, 17 Dec 2021AU$12.7bAU$4.6bAU$325.9m20.7x39.1x2.8x
Price to Earnings Ratio

39.1x


Total Market Cap: AU$12.7bTotal Earnings: AU$325.9mTotal Revenue: AU$4.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Australian Professional Services Industry Price to Earnings3Y Average 32.9x202220232024
Current Industry PE
  • Investors are relatively neutral on the Australian Professional Services industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 32.9x.
  • The 3-year average PS ratio of 2.2x is lower than the industry's current PS ratio of 2.9x.
Past Earnings Growth
  • The earnings for companies in the Professional Services industry have grown 45% per year over the last three years.
  • Revenues for these companies have grown 35% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the Australian Industrials industry?

AU Market-0.11%
Industrials-0.12%
Professional Services2.46%
HR Services2.16%
Research and Consulting Services0.66%
Industry PE
  • Investors are most optimistic about the Research and Consulting Services industry which is trading above its 3-year average PE ratio of 58.2x.
    • Analysts are expecting annual earnings growth of 29.4%, which is higher than its past year's earnings decline of 46.5% per year.
  • Investors are most pessimistic about the HR Services industry, which is trading below its 3-year average of 22.6x.
Forecasted Growth
  • Analysts are most optimistic on the Research and Consulting Services industry, expecting annual earnings growth of 29% over the next 5 years.
  • This is better than its past earnings decline of 46% per year.
  • In contrast, the HR Services industry is expected to see its earnings grow by 7.7% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
CPU ComputershareAU$33.404.3%
+AU$809.2m
39.5%PE25.6x
SIQ SmartgroupAU$8.196.0%
+AU$59.7m
-8.5%PE15.8x
KPG Kelly Partners Group HoldingsAU$9.854.7%
+AU$19.8m
105.6%PE133.4x
MMS McMillan ShakespeareAU$14.940.7%
+AU$7.0m
-9.0%PE11.6x
ASH Ashley Services GroupAU$0.2021.9%
+AU$5.0m
-45.1%PE20.8x
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Latest News

ALQ

AU$15.69

ALS

7D

-0.9%

1Y

24.0%

IPH

AU$5.01

IPH

7D

-0.8%

1Y

-23.6%

KPG

AU$9.85

Kelly Partners Group Holdings

7D

4.7%

1Y

105.6%

ASH

AU$0.20

Ashley Services Group

7D

21.9%

1Y

-45.1%

VRS

AU$0.043

Veris

7D

7.5%

1Y

-33.8%

HMI

AU$0.048

Hiremii

7D

-17.2%

1Y

6.7%

FLN

AU$0.16

Freelancer

7D

6.7%

1Y

-13.5%

C79

AU$4.43

Chrysos

7D

-4.5%

1Y

-44.6%

HIT

AU$1.88

HiTech Group Australia

7D

-2.8%

1Y

-8.7%

IGN

AU$0.56

Ignite

7D

38.3%

1Y

1.8%

SIQ

AU$8.19

Smartgroup

7D

6.0%

1Y

-8.5%